In June 2025, the People's Committee of Khanh Hoa province issued a decision approving the results of selecting investors to implement the Cam Lam New Urban Area project.
The name of the winning investor is Cam Lam New Urban Company Joint Venture. This consortium is headed by Vinhomes Joint Stock Company along with a number of other enterprises.
In March 2025, the Prime Minister issued a decision approving the investment policy for the Cam Lam New Urban Area project, Khanh Hoa province.
The project implementation location is in Cam Lam district and Cam Ranh city, with a land use scale of more than 10,350 hectares, a population of about 584,000 people, with the number of houses including: About more than 58,570 villas and townhouses; more than 9,820 apartments; more than 58,570 plots of land for villas and townhouses; more than 33,050 social housing units; 36-hole golf course.
The project has a total investment of about 285,267 billion VND; of which the cost of compensation and resettlement support is about 25,000 billion VND.
The project must change the purpose of forest use of more than 80 hectares. The project's operation period is 50 years from the date of the decision on land allocation, land lease decision, and land use purpose change decision.
The implementation progress is from 2025 - 2037 and the selection of investors under the form of bidding.
Project objectives aimed at developing a new complex urban central area with the nature of the regional general area in Cam Duc town associated with the urban central axis; Administrative - political center of the whole city; Financial - Trade - Service Center, International Cultural Exchange; Center for training, research and innovation of the region; The concentrated area and the main activities of the whole city are the western gateway - the main gateway of Cam Lam new urban area ...
